Woori Financial : Preliminary Financial Performance Figures for the First Half of 2021 (Form 6-K)

Woori Financial Group's Preliminary Financial Performance Figures

for the First Half of 2021

The preliminary financial performance figures for Woori Financial Group for the six-month period ended on June 30, 2021, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item		1H 2021			2H 2020			% Change Increase (Decrease)			1H 2020			% Change Increase (Decrease)
Revenue*		Specified Half			13,105,199				13,967,286				-6.17				14,687,686				-10.77
	Cumulative Basis			13,105,199				28,654,972				-				14,687,686				-10.77
Operating Income		Specified Half			1,983,451				907,796				118.49				1,172,598				69.15
	Cumulative Basis			1,983,451				2,080,394				-				1,172,598				69.15
Income before Income Tax Expense		Specified Half			2,017,357				967,402				108.53				1,033,849				95.13
	Cumulative Basis			2,017,357				2,001,251				-				1,033,849				95.13
Net Income		Specified Half			1,536,903				741,216				107.35				774,033				98.56
	Cumulative Basis			1,536,903				1,515,249				-				774,033				98.56
Profit to the Equity Holders of the Parent Entity		Specified Half			1,419,747				646,702				119.54				660,564				114.93
	Cumulative Basis			1,419,747				1,307,266				-				660,564				114.93

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

*	Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

Woori Bank's Preliminary Financial Performance Figures

for the First Half of 2021

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the six-month period ended on June 30, 2021, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item		1H 2021			2H 2020			% Change Increase (Decrease)			1H 2020			% Change Increase (Decrease)
Revenue*		Specified Half			11,759,497				13,002,729				-9.56				13,836,037				-15.01
	Cumulative Basis			11,759,497				26,838,766				-				13,836,037				-15.01
Operating Income		Specified Half			1,654,986				888,062				86.36				1,037,630				59.50
	Cumulative Basis			1,654,986				1,925,692				-				1,037,630				59.50
Income before Income Tax Expense		Specified Half			1,687,059				884,074				90.83				903,916				86.64
	Cumulative Basis			1,687,059				1,787,990				-				903,916				86.64
Net Income		Specified Half			1,283,430				688,232				86.48				682,073				88.17
	Cumulative Basis			1,283,430				1,370,305				-				682,073				88.17
Profit to the Equity Holders of the Parent Entity		Specified Half			1,279,342				685,287				86.69				677,937				88.71
	Cumulative Basis			1,279,342				1,363,224				-				677,937				88.71

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

*	Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).